Archive for November, 2009

Shopping for Pets? Yes, Even in a Recession.

In what seems to be the topic of the day, the state of the economy, I still have not scaled back on two extracurricular activities that tend to be the big spenders of my budget. The first is eating out and the second – buying Kenny high-end dog clothes.

So, I began to wonder… am I the only one out here that is still spending a considerable amount of cash on their pet? Well, I did some research and β€˜not’ to my surprise found an interesting article that reports on just how many folks out here are still shopping and splurging on their dogs, just like me, despite “the recession.”

The article mentions that food and hospitality are the top earners. Those who produce and supply organic and diet foods, and those businesses that are able to provide overnight and day care, look to be the top reapers this year. What also amazed me is that the overall pet industry is expected to see a small increase in total revenue, from last year.

What they fail to mention is exactly how much is being spent on dog apparel and accessories, which makes Kenny’s Closet an affordable alternative, especially if this is becoming a cost challenge for those who are used to providing their dogs with pricey sweaters and premium accessories. While I am hopeful that there will be a rebound in 2010, it appears that the pet industry is still going strong. Read more below. Until next time… Don’t let your gently-used dog clothes sit at home, SELL THEM at Kenny’s Closet!

ARTICLE EXCERPT
According to an LA Times blog (http://latimesblogs.latimes.com/shopping_blog/2009/06/pet-industry-expected-to-grow-in-2009-research.html), pet grooming and boarding businesses are expecting to reap in $2.69 billion this year. Pet food producers will make over $15 billion, buoyed on by an increase in demand for premium pet foods, including organic and special diet goods. All told, the pet industry is expected to generate $51.6 billion in 2009, up 1.3 percent from last year.
http://money.blogs.time.com/2009/06/17/the-recession-isnt-dogging-the-pet-biz/

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